Although the yearly ranks of home loan originators who are employed by banks was reduced by thousands, state-licensed loan officer growth more than offset the losses.

Mortgage loan originators who were registered in the Nationwide Mortgage Licensing System as of the second quarter of this year totaled 566,449.

The count, which includes loan officers who work for financial institutions and state-licensed originators, has increased from the same period last year, when the total was 562,469.

Source: Mortgage Daily